What is a trailing stop loss?

Asked 3 years ago

Hello, new trader/investor here. Can someone please tell me what a trailing stop loss is and give me an example of how to use it? Thanks

Andrew Moran

Thursday, September 16, 2021

A trailing stop loss changes the stop price at a number of basis points or fixed percentage above or below the market price of your security. It should be noted that your trailing stop loss is only monitored during market hours (9:30 a.m. EST to 4:00 p.m. EST).

For example, if the stock rises five cents, the stop loss would also increase five cents. However, if the investment falls, the stop loss does not get adjusted. If the share price moves up to $10.10, the trailing stop would rise to $10.

Industry experts contend that the best strategy to attain a good percentage in your investment decision would be either 15% or 20%.

Zachary Schneider

Zachary Schneider

Monday, June 13, 2022

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I will teach you how to trade and use a crypto trading platform that guarantees successful trades and help you stay protected and avoid losing money. Irrespective of the amount you wish to start with, Bitcoin and digital earnings have been established to be a very good means of generating passive income. You can get very rich investing in Crypto.



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Good Luck!

Zachary Schneider

Zachary Schneider

Monday, June 13, 2022

I'm a Financial Advisor and I make $60,000 monthly in passive income without a blog, without investing on ads or building my authority on social media. It took me around 6 months to make consistent money (and not lose what I made).



I will teach you how to trade and use a crypto trading platform that guarantees successful trades and help you stay protected and avoid losing money. Irrespective of the amount you wish to start with, Bitcoin and digital earnings have been established to be a very good means of generating passive income. You can get very rich investing in Crypto.



If you are interested to know how I make so much money from crypto trading you can write me a message via WhatsApp+1 (512) 975 2877



I am always here to help anyone that wants to pursue their dreams to be wealthy in this lifetime.



Good Luck!

Zachary Schneider

Zachary Schneider

Monday, June 13, 2022

I'm a Financial Advisor and I make $60,000 monthly in passive income without a blog, without investing on ads or building my authority on social media. It took me around 6 months to make consistent money (and not lose what I made).



I will teach you how to trade and use a crypto trading platform that guarantees successful trades and help you stay protected and avoid losing money. Irrespective of the amount you wish to start with, Bitcoin and digital earnings have been established to be a very good means of generating passive income. You can get very rich investing in Crypto.



If you are interested to know how I make so much money from crypto trading you can write me a message via WhatsApp+1 (512) 975 2877



I am always here to help anyone that wants to pursue their dreams to be wealthy in this lifetime.



Good Luck!





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